The Conference Board uses cookies to improve our website, enhance your experience, and deliver relevant messages and offers about our products. Detailed information on the use of cookies on this site is provided in our cookie policy. For more information on how The Conference Board collects and uses personal data, please visit our privacy policy. By continuing to use this Site or by clicking "OK", you consent to the use of cookies. 

Global Economic Outlook 2018: Europe: Preparing for Slower Growth


November 2017 | Publication

Despite politically turbulent times, most economies in Europe are enjoying robust growth momentum, with consumer spending in the driving seat. This may well continue into 2018, though we expect a gradual move toward slower trend growth to set in during the second half of next year. That is when structural headwinds, such as aging and capacity constraints for both human and physical capital, will put the brakes on the growth speed of European economies. Our outlook for 2018 shows 1.9 percent growth for both Europe and the Euro Area, while our forecast out to 2027 projects an average annual growth rate of 1.5 percent for Europe and 1.4 percent for the Euro Area.


AUTHORS

IlariaMaselli.jpg

Ilaria Maselli

Senior Economist
The Conference Board

KlaasdeVries.jpg

Klaas de Vries

Economist
The Conference Board


Support Our Work

Support our nonpartisan, nonprofit research and insights which help leaders address societal challenges.

Donate
FILTER BY CENTER

Our Experts

BartVanArk1.jpg

Bart van Ark

Outgoing Chief Economist; Program Director, CFO: Fortune 250 Council

Ataman.jpg

Ataman Ozyildirim, PhD

Director, Economic Research, and Global Research Chair

IlariaMaselli.jpg

Ilaria Maselli

Senior Economist

YuanGao.jpg

Yuan Gao

Senior Economist

ErickLundh.jpg

Erik Lundh

Senior Economist

OTHER RELATED CONTENT